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UK trade : February 2022
Exports of goods to EU countries, excluding precious metals, increased notably in February 2022, following on from the 20.5% decrease in January that was attributed to the operational change implemented by HM Revenue and Customs (HMRC) in January 2022; we therefore recommend users do not rely on these month-on-month movements when interpreting the latest monthly data for exports to the EU. Total exports of goods, excluding precious metals, increased by £2.1 billion (7.8%) in February 2022, driven by a £3.0 billion (25.4%) increase in exports to EU countries while exports to non-EU countries decreased by £0.9 ... (full story)